The Latest

Over half of the $4.3 billion rise in the $96.6 billion budget proposal is related to costs associated with the COVID-19 pandemic.

States and local governments have turned to deficit borrowing, spending cuts and other ways to keep up with increased expenses due to COVID-19.

The $350 billion direct aid would be only about one-third of the $900 for state and local governments that the House passed last year and the Senate blocked.

The Foothill-Eastern toll road authority in California made a tender offer ahead of a planned sale, and exchanged the bulk of the debt it wanted to refund.

Our municipal impact strategy will continue to refrain from investing in school districts that are not actively, urgently and aggressively acting to identify and thwart violence against students.

Rising state-supported debt and sidestepping best practices alarm the comptroller.

Climate change should be the focus for investors and issuers in 2021 as the need for addressing the problems it causes is more pressing than ever. Sean Kidney, CEO of Climate Bonds Initiative, lays out the case. Lynne Funk hosts. (35 minutes).

State tax collections are faring better than predicted early in the COVID-19 pandemic but uncertainties abound, says a University of Illinois task force fiscal report.

The rating agency placed 637 of the roughly 3,400 school districts it rates on review for upgrade or downgrade, and upgraded 85.

The state is attempting to abolish the Miami-Dade County Expressway Authority.